Ημερομηνία: 2/1/2008 7:37:00 μμ Περιοχή: Νέα Υόρκη ΗΠΑ Από: BW

Μεγέθυνση - Σμίκρυνση

( BW)(PA-PPG-INDUSTRIES)(PPG) PPG Names De Leener as Senior Vice President, Architectural Coatings, EMEA Former SigmaKalon Chief Executive Officer to Lead New Segment Business Editors PITTSBURGH--(BUSINESS WIRE)--Jan. 2, 2008--PPG Industries (NYSE:PPG) today announced that it had named Pierre-Marie De Leener, former chief executive officer (CEO) of SigmaKalon Group, as PPG senior vice president, architectural coatings, Europe/Middle East and Africa (EMEA). The company stated that it had formed a new PPG strategic business unit (SBU), architectural coatings, EMEA, which will also be its own reporting segment. De Leener will report to Charles E. Bunch, PPG chairman and chief executive officer, and has joined PPG's Operating Committee. This announcement follows PPG's earlier announcement today that it had completed the acquisition of SigmaKalon Group, a worldwide coatings producer based in Uithoorn, Netherlands, from global private investment firm Bain Capital. "Pierre-Marie is a proven leader whose background, expertise and insights will be a competitive advantage as PPG expands into additional markets around the world," said Bunch. "His business will be its own reporting segment to enhance transparency regarding the performance of the SigmaKalon acquisition." A native of Antwerp, Belgium, De Leener joined Sigma Coatings Group, Amsterdam, the Netherlands, in 1997 as chief operating officer (COO). He subsequently became CEO of Sigma Coatings Group in 1998 and CEO of the SigmaKalon Group in 1999. Before joining Sigma, De Leener was general manager at Fina Research, Feluy, Belgium; CEO, Fina Italiana and Refinery, Rome; COO, Fina Italiana; regional manager, Fina Oil and Chemicals Company, Texas; marketing planning manager, Fina Oil and Chemicals; manager of production operations, Zairep, Zaire; and analyst at PetroFina, Brussels, Belgium. He earned a master's degree in chemical engineering and complementary bachelor's degrees in economical science and philosophical science all at the Catholic University of Louvain, Belgium, and he has participated in wide-ranging post-graduate courses. De Leener's native language is French, but he also speaks English, Italian, Dutch and Spanish. About PPG Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company employs more than 34,000 people and has 125 manufacturing facilities and equity affiliates in more than 25 countries. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com . CONTACT: PPG Industries, Inc. Jack Maurer, 412-434-2181 jmaurer@ppg.com or Investors: Vince Morales, 412-434-3740 vmorales@ppg.com KEYWORD: PENNSYLVANIA INTERNATIONAL ASIA PACIFIC EUROPE INDUSTRY KEYWORD: FOREST PRODUCTS MANUFACTURING CHEMICALS/PLASTICS AEROSPACE/DEFENSE REAL ESTATE BUILDING/CONSTRUCTION AUTOMOTIVE MANAGEMENT CHANGES SOURCE: PPG Industries, Inc. Copyright Business Wire 2008